27, CHELMER CLOSE, BEDFORD, MK41 7YD - £377,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 CHELMER CLOSE is a small extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £377,000 in April 2022, which was around 29% below the average April 2022 detached price in the Bedford local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

27 CHELMER CLOSE Sold Prices

Land registry data shows four sales for 27 CHELMER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the four 27 CHELMER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 1 APR	£377,000	£531,529	29% below HPI
2006 30 JUN	£209,000	£282,159	26% below HPI
1997 17 OCT	£95,000	£108,496	12% below HPI
1995 28 FEB	£75,000	£95,717	22% below HPI

27 CHELMER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The four 27 CHELMER CLOSE sales between February 1995 and April 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 CHELMER CLOSE?

27 CHELMER CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 27 CHELMER CLOSE lies on this distribution: 39% of detached houses are smaller than 27 CHELMER CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bedford.

27 CHELMER CLOSE: Plot and Title Map

27 CHELMER CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 27 CHELMER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 27 CHELMER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 27 CHELMER CLOSE?

27 CHELMER CLOSE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 27 on CHELMER CLOSE.